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Stick Networks grabs $12 million

Wireless software company Stick Networks raised $12 million as part of a second round of funding, which it expects to close in early July. Viridian Capital Partners, Venture Builders and Gryphon Partners were among the investors, as well as angel investors David Duffield, former PeopleSoft chief executive; and Charlie Jackson, former Airtouch Paging chief executive. Stick Networks has raised a total of $14.5 million in funding. The Dallas-based company plans to use the latest funding to launch its software and services, which allow wireless operators to offer integrated voice, e-mail, instant messaging and personalized content. See complete list.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Wireless software company Stick Networks raised $12 million as part of a second round of funding, which it expects to close in early July. Viridian Capital Partners, Venture Builders and Gryphon Partners were among the investors, as well as angel investors David Duffield, former PeopleSoft chief executive; and Charlie Jackson, former Airtouch Paging chief executive. Stick Networks has raised a total of $14.5 million in funding. The Dallas-based company plans to use the latest funding to launch its software and services, which allow wireless operators to offer integrated voice, e-mail, instant messaging and personalized content.

See complete list.